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Article

Title: M-Commerce

Author: Seals, Tara Article Type: Product Comparison
Source: XCHANGE, v12 n2 p12(2) Publication Date: Feb 2007
  ISSN: 1095-3647
  Illustrations: Screen Layouts
URL of Publication: http://www.xchangemag.com

Vendors such as Cingular and Visa USA are extending mobile phone use beyond traditional communications to mobile financial management.Cingulars mobile banking service will let users bank online via their mobile phones, checking bank balances, transferring funds, and paying bills electronically.Cingular is partnering with Firethorn Holdings, LLC, a company that produces an application that links financial institutions to carrier networks.The announcement which names which participating banks will offer this service is forthcoming.Visa has partnered with mFormation Technologies, Inc. to develop a mobile payment application.A more limited mobile finance application is currently being offered by Obopay for the MVNO Helio device.While not directly accessing a bank account, users can manage a prepaid Master Card account to add funds, make payments, and check balances. Research indicates 60 to 70 percent of mobile phone users will use mobile financial management features.

Special Features: Screen Layouts

Companies:
Cingular Wireless HELIO LLC
Obopay Inc

Products:
E-Payment
Obopay

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